Ferrera, AlexCasals Carro, JoséSotoca López, Sonia2023-06-192023-06-1920151544-612310.1016/j.frl.2015.09.008https://hdl.handle.net/20.500.14352/34218The unconditional credit loss distribution is identified based on a long-term sample. This sample influences the capital estimate. In this study, we performed an empirical investigation of this sample dependency problem using charge-off data and by focusing on the influence of the Great Recession. The results demonstrated the significant dependency of the capital requirements on the homogeneity and cyclicality of the long-term sample. Thus, a sample containing only the Great Recession data produced lower capital requirements due to the homogeneity effect, whereas a mixed sample containing the Great Recession data produced higher capital requirements due to the cyclical effect.engjournal articlehttp://dx.doi.org/10.1016/j.frl.2015.09.008restricted accessC58G21G32Charge-offCredit riskUnconditional capitalUnconditional credit loss distributionBancos y cajasCrisis económicasEconometría (Economía)5307.06 Fluctuaciones Económicas5302 Econometría